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Implement housing projects across the country under the direct supervision of President Dr Mohamed Muizzu, providing comprehensive solutions to overcrowding in the Male' area
In progressMedium impact
Where it stands todayBML has started foundation and concrete works on 182 housing units in Hulhumalé, with 3,260 more units under construction in Malé City and work begun in Hulhumalé Phases 2 and 3 and Vilimalé.Since 6 November 2026 · based on an article by One Online
The story so far
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In progressNowStill in progressAdded automatically
BML has started foundation and concrete works on 182 housing units in Hulhumalé, with 3,260 more units under construction in Malé City and work begun in Hulhumalé Phases 2 and 3 and Vilimalé.
Why it counts as in progress: The article reports concrete construction work already underway on multiple housing projects under the government's Housing For All initiative.
Key numbers in the article
182 units housing units with foundation and concrete works underway364 units housing units planned in Hulhumalé Phase 1 under Housing For All3,260 units housing units under construction across Malé City
Exact words from the article
“The Bank of Maldives (BML) has begun foundation and concrete works for 182 housing units being developed in Hulhumalé Phase 1. ... Saeed also said construction is progressing on a total of 3,260 housing units across Malé City, with the projects expected to be completed by mid-2028.”
Giraavaru Falhu reclamation for Male-region housing is underway, with 115 hectares gained and 68.8% of target reached.
Why it counts as in progress: The article reports concrete work by MACL on a government housing project announced by President Muizzu, including active dredging and allocated plots.
Key numbers in the article
115 hectares reclaimed land gained at Giraavaru Falhu68.8 per cent of the planned 167.15 hectares reclamation progress against plan167.15 hectares planned reclamation area
Exact words from the article
“Giraavaru Falhu has gained 115 hectares of reclaimed land as work advances on a Government project to address housing needs in the Malé region, Maldives Airports Company Limited (MACL) has announced.”
Construction is underway on over 4,000 housing units in the Malé region and contractors are being appointed for flats on 57 atoll islands.
Why it counts as in progress: The article reports active work on housing units in the Malé region and atoll islands under the President's housing drive.
Key numbers in the article
up to MVR 200,000 Maximum equity grant to build a home on own landup to MVR 250,000 Maximum equity grant to purchase a flatMVR 250 million Amount already allocated to the equity grant fund
Exact words from the article
“Construction is underway on more than 4,000 housing units in the Malé region, with preparations continuing to begin additional projects. In the atolls, work is underway to appoint contractors for flat developments on 57 islands.”
In progressPromised → In progressAdded automatically
Government has opened applications for 15,000 housing plots in Rasmalé as part of its housing policy.
Why it counts as in progress: The article states that applications for 15,000 housing plots have been opened and the development is intended to solve housing shortages in the Greater Malé Area.
Key numbers in the article
1,150 hectares Total land planned for Rasmalé500 hectares Land earmarked for real estate development involving Eagle Hills650 hectares Land intended for housing
Exact words from the article
“where the Government has opened applications for 15,000 housing plots under its housing policy. The development is intended to provide a long-term solution to housing shortages in the Greater Malé Area”
MVR 3 billion Funding allocated for housing projects in 2027 budgetMVR 750 million Equity for special housing loan scheme in 2027 budgetMVR 59 billion Total proposed state budget
Exact words from the article
“Minister Zareer said the housing crisis had remained a major concern for the public for years and that projects would be implemented across the country under the direct supervision of President Dr Mohamed Muizzu.”